FEASIBILITY

ANALYSIS
PAINTBALL ARENA

BY- KARAN VEER SINGH

 WHAT IS FEASIBILITY ANALYSIS
A feasibility study is an analysis that considers all of a project's relevant factors—
including economic, technical, legal, and scheduling considerations—to ascertain the
likelihood of completing the project successfully.
Whether a project is feasible or not can depend on several factors, including the
project's cost and return on investment, meaning whether the project generated enough
revenue or sales from consumers.
However, a feasibility study isn't only used for projects looking to measure and forecast
financial gains. In other words, feasible can mean something different, depending on
the industry and the project's goal.
 COMPONENTS OF
FEASIBILITY ANALYSIS

PRODUCT FEASIBILITY TECHNICAL FEASIBILITY

MARKET FEASIBILITY FINANCIAL FEASIBILITY

 PRODUCT FEASIBILITY
PRODUCT DESIRABILITY The paintball arena offers a playground for the players
to battle with the paintball with all the necessary safety equipment. The entry fee for
one single player will be Rs. 1000. two teams can be formed with maximum limit of 8
players per team. Total time granted for a paintball match shall be 30 minutes.
The product will be very desirable amongst the teenagers and adults who are willing to
pay large sum of money to experience this battleground style of game.

PRODUCT DEMAND the demand for this type of game is very high particularly in
Jaipur and people love going to these types of games. If we look at the success of PUNO
which is a similar type of concept like our business plan, it will be safe to say that the
demand for paintball arena is quite high in Jaipur.
 TECHNICAL FEASIBILITY
In this type of business plan, no such technology will be taken into usage
but it can be used in marketing where online promotion of the business will
be done.
Hardware in terms of paintball guns shall be used which will be brought
directly by the paintball manufacturing firm to reduce cost.
Labor to clean the arena, manage accounts of the business, attend the
guests shall be appointed for smooth operation of the business.
 MARKET FEASIBILITY
The market seems to be very encouraging for our business model. A lot of scope for
growth can be projected. The industry seems to be increasing year by year making our
business to reach a wider audience.
There seems to be no competitors for our business as there is no alternative paintball
arena in Jaipur. This gives an advantage to our firm to tighten our market share and
increase the goodwill of the firm.
Consumer demand seems to be high as per the reports as a lot of teenagers as well as
adults wants a playground for their leisure time or spending time with their loved ones
on weekend.
Sales forecast seems to be pretty high as the market is constantly rising after the
pandemic outbreak. People are coming out of their houses and spending more on
themselves.
There are a lot of opportunities for growth in this business.
 FINANCIAL FEASIBILITY

The return on investment in this type of business model is very

high. The first couple of years may take up the business to settle
but it is a very profitable business in the long run. The amount of
capital required will be within Rs. 10,00,000. the capital will be
taken up by applying a loan from the financial institution (bank).
Investors may be welcomed if the requirement of funds
increases.